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Biden, Trump win in Michigan primaries, edging closer to 2024 rematch

Trump easily defeated his final major challenger, Nikki Haley, according to the Associated Press and other news organizations

After decade-long odyssey, Apple to wind down its electric car effort

The Apple car team also has several hundred hardware engineers and vehicle designers. It's possible they will be able to apply for jobs on other Apple teams

Elon Musk hypes up Tesla Roadster again after half decade of delay

The billionaire said in a series of posts on X that the car will be a collaboration between Tesla Inc. and Space Exploration Technologies Corp

India slowly gaining electronics export market foothold from China: Study

The impact is most pronounced in the UK and US, where geopolitical tensions with China have increased in recent years

Hong Kong ups salaries tax for high earners to 16% to tackle fiscal deficit

A two-tier tax system will be introduced from April, with income of up to HK$5 million ($640,000) taxed at a maximum of 15%, and anything higher than that being taxed at 16%

China's Country Garden gets winding-up petition in Hong Kong from creditor

The first hearing date is scheduled for May 17 at Hong Kong's High Court, after Ever Credit Ltd. filed its so-called winding-up petition dated Tuesday

South Korea keeps shattering own record for world's lowest fertility rate

The number of babies expected per woman in a lifetime fell to 0.72 last year from 0.78 in 2022, according to data released Wednesday by South Korea's national statistics office

PE firm KKR considers selling controlling stake in JB Pharma: Report

The US private equity firm is looking to hire financial advisers to help evaluate a sale of its 53.8% stake in the Mumbai-based company, the people said

Artificial intelligence chatbots not ready for election prime time: Study

All of the models performed poorly. The results found that just over half of the answers given by all of the models were inaccurate and 40% were harmful

Apple meets DOJ antitrust chief in last-ditch bid to avoid expected suit

Apple's App Store, which charges developers a commission of either 15% or 30%, has come under heavy criticism by developers and lawmakers

He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer

Attorneys for the 31-year-old former crypto mogul made their recommendation to US District Judge Lewis A. Kaplan in a 98-page memo late Tuesday ahead of his March 28 sentencing

Citigroup's new hire Raghavan - a no nonsense, hard-charging dealmaker

After four years co-running JPMorgan's global investment banking franchise, Raghavan, 57, is now set to take over Citigroup's entire Wall Street operation

Red Sea attacks add urgency to alternate Mideast trade route: Govt

India has taken the first steps with the UAE to begin work on the India-Middle East-Europe Economic Corridor, or IMEC, Sunjay Sudhir said in an interview in Abu Dhabi

Google CEO Pichai blasts 'unacceptable' Gemini image generation failure

Teams are now working around the clock to rectify the issues, Pichai wrote in his note, reviewed by Bloomberg News

Adani holds Singapore meeting for first dollar bond since Hindenburg crisis

An executive arrived at an office tower overlooking the city state's Marina Bay in a black van on Wednesday, the first stop on a tour of international financial hubs to win over buyers

Bumble to cut 350 jobs, plans overhaul in bid to revive slowing user growth

Bumble had more than 950 full-time employees at the end of 2022, of which about 770 are located outside of the US, according to a separate filing

India's EV revolution is spreading from auto rickshaws to motorbikes

The place where road transport is shifting most rapidly to battery power isn't Oslo or Shenzhen, but Delhi. E-rickshaws took a 54% share of India's three-wheeler market last year

World economy has growing chance of pulling off soft landing: G20

The statement reflects a relatively upbeat view of a global economy that's struggled in recent years to overcome the impact of the pandemic, soaring inflation and a sharp increase in interest rates

Alibaba leads largest financing deal to mint $2.5 billion China AI firm

Alibaba joins Tencent Holdings Ltd. and Silicon Valley peers like Microsoft Corp. in placing big bets on generative AI, the technology that powers ChatGPT

Abu Dhabi's $238 bn International Holding adds AI-powered observer to board

The virtual entity - Aiden Insight - will take an observer seat on the board of IHC, which is the largest listed firm in the United Arab Emirates